Bitcoin is trading around $90,000 as broader crypto sentiment remains neutral despite macro tailwinds; liquidations stand at $211.88 million over the past 24 hours.
Bitcoin ETFs saw $250 million in net outflows on Friday, while Ethereum ETFs reported $93.8 million in net outflows.
BTC Recipe Remains Same?
Crypto trader Jelle said Bitcoin is consolidating around the $90,500 level, repeatedly retesting it from above as the market awaits Powell’s comments.
He noted that reclaiming the $93,500 area is the key near-term objective, adding that a sustained move above that range would increase the likelihood of a push toward $100,000.
Michael van de Poppe said Bitcoin is holding up well despite global uncertainty, remaining above the 21-day moving average.
He added that as long as BTC continues to grind higher toward the $94,000 resistance zone, the broader technical structure remains constructive, with current macro conditions reinforcing Bitcoin’s long-term investment case.
On Ethereum, van de Poppe noted the asset is holding firmly above a key resistance zone, which increases the probability of a move to new monthly highs. He described the price action as a strong and encouraging signal.
Lucky Chart Ape said XRP is approaching a key level of interest he highlighted previously, while Altcoin Sherpa said Solana continues to show leadership, with its four-hour exponential moving averages looking the healthiest they have since September 2025.
He added that the focus remains on major assets rather than higher-beta plays until a clearer, stronger trend develops.
The broader meme coin market rose about 3% to $48.2 billion over the past day, outperforming the largely flat or negative action in the wider crypto market.
Cantonese Cat noted that Dogecoin’s daily chart is showing a clear change in character after spending months in the lower half of the Bollinger Bands, suggesting a potential shift in trend.
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$BTCBitcoin$90621.00-0.25%Overview$DOGEDogecoin$0.1363-1.03%$ETHEthereum$3115.25-0.12%$SHIBShiba Inu$0.000008-0.35%$SOLSolana$139.830.26%$XRPRipple$2.05-1.17%Market News and Data brought to you by Benzinga APIs
